Stocks and GDP

JayHecht at aol.com JayHecht at aol.com
Wed Jan 27 14:07:11 PST 1999


In a message dated 1/26/99 10:40:29 PM Central Standard Time, MScoleman at aol.com writes:

<< this would explain a large part of

why the GDP has not grown at the same rate as stocks. >>

Actually, stock prices have gone up over 9X (S&P) while S&P profits have doubled or (only) tripled.

BTW - Jeremy Stein at Wharton claims that stocks outperform any investment over any thirty year period.

What sayeth Doug (re: latest LBO)

jason



More information about the lbo-talk mailing list